The Procurement Act 2023, which came into effect on 24th February 2025, introduces significant reforms aimed at enhancing transparency, efficiency, and accessibility in public procurement across the UK. Contracting authorities must adapt quickly to these changes to remain compliant, competitive, and audit-ready.
For procurement leaders, staying compliant can be complex and time-consuming, but Beyond Key’s Bid Management Software (BMS) can simplify this transition—ensuring adherence to the new regulatory framework while achieving 100% audit goals.
Key Changes & How Our BMS Helps to Stay Compliant
1. More Transparency with Central Digital Platform (CDP)
What’s new: All procurement data has to be published on a Central Digital Platform (CDP). That way, it’s easier for everyone to access, and it makes sure you’re compliant and everything’s transparent.
How BMS helps:
- It connects super easily with the CDP for simple data management. You can publish notices like Transparency Notices, Tender Notices, and Award Notices.
- It keeps a record of everything, so you’re always compliant with regulations.
- It’s a smooth, paperless process, which cuts down on mistakes and makes things more efficient.
2. Most Advantageous Tender (MAT) for Better Choices
What’s new: The shift from MEAT (Most Economically Advantageous Tender) to MAT (Most Advantageous Tender) allows evaluation instead of just looking at the cost, MAT lets you consider things like innovation, sustainability, socioeconomic equity., and community benefits.
How BMS helps:
- It supports evaluation criteria that match MAT requirements. You can assess suppliers based on quality, value, sustainability, and, yeah, compliance.
- It makes sure you’re comparing suppliers with automated scoring mechanisms that adhere to the latest evaluation standards.
- Helps to maintain integrity with a transparent, fair, and compliance-driven evaluation process.
3. Supplier Performance Monitoring & Risk Management
What’s new: Contracts over £5M, they need stricter performance tracking. Here suppliers need to be monitored against their KPIs, and their progress is reported publicly.
How BMS helps:
- You can easily define, track, and publish KPIs for all public contracts.
- It also lets you report supplier performance every year on the CDP, noting any issues or missed KPIs.
- Now classify suppliers by performance level as exceeding, meeting, approaching, or falling below performance targets, so you can manage risk better.
4. Competitive Flexible Procedure & Simplified Procurement
What’s new: Replaces the old rigid processes with greater flexibility, retaining the Open Procedure and introduces the new Competitive Flexible Procedure to fit buyer’s requirements.
How BMS helps:
- It provides workflows that you can adapt for both Open and Competitive Flexible Procedures.
- Compliance reporting is streamlined with built-in audit trails and real-time tracking.
- You can update and refine award criteria dynamically as per project-specific requirements.
Why Use BMS for Procurement Compliance?
With the Procurement Act 2023 now in effect, you really need a solid solution to meet the new rules. And our BMS not only ensures you follow these regulations but also improves your procurement process through automation and strategic insights.
- Stay Ahead with Compliance: Built to adapt to changing procurement laws.
- Quick Setup within a Week: Get BMS up and running in just one week for seamless Procurement Act 2023 compliance.
- Automation & Efficiency: Cuts down on manual work with AI-powered tool.
How does our BMS Ensure your Compliance?
More Than Just Compliance: BMS is the #1 M365-Powered Procurement Software
Beyond Intranet’s BMS is a trusted solution for top organizations. Here’s why industry leaders choose us:
- 4.9 Star Rated Tool: A leader on Microsoft AppSource, backed by real user reviews.
- Enterprise-Grade Security: Your data stays safe within your system.
- Built on Microsoft 365: Works seamlessly with the tools you already use.
- SOC Certified: Meets high security and compliance standards (SOC 2 Type II).
- Scalable & Cost-Effective: Grows with you, and you only pay for what you use.
